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Legislator backs P22.5-B NFA procurement budget

Legislator backs P22.5-B NFA procurement budget.....»»

Category: newsSource: bworldonline bworldonlineSep 11th, 2019

Palace backs DBM on withholding P80 billion lawmakers’ fund

Malacañang agrees with the decision of the Department of Budget and Management to withhold the release of some P80 billion diverted to projects of some legislators under the 2020 General Appropriations Act ......»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2020

LapuLapu Leisure goes digital with resort and casino project

THE Emerald Bay Resort and Casino gears up to open on time and on budget. Its developer, LapuLapu Leisure Inc., ensures it keeps this goal by maximizing the efficiency of its procurement function. LapuLapu Leisure needed to eliminate its manual, paper-based procurement practices to support its aggressive growth plans, and it decided SAP Ariba Snap […].....»»

Category: newsSource:  manilatimes_netRelated NewsFeb 14th, 2020

Tension erupts at City Council over budget deliberations for Covid-19

CEBU CITY, Philippines — Tension erupted during the regular session of the Cebu City Council on Wednesday evening, Feb. 12, 2020, as councilors argued on the budget to be allotted for the procurement of medicines, machines, and protective equipment against the Coronavirus Disease 2019 (Covid-19). It was already past 6 pm but the City Council […] The post Tension erupts at City Council over budget deliberations for Covid-19 appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsFeb 13th, 2020

Pasig River ferry system granted P176M

In line with the government’s continuing plans to provide alternative modes of transportation, the Metro Manila Development Authority (MMDA) was given P176 million under the 2020 national budget to fund the Pasig River Ferry System. Senate Finance Committee chair Sonny Angara said the funding of the ferry system is partially intended for the procurement of […] The post Pasig River ferry system granted P176M appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsJan 12th, 2020

Government starts online procurement of supplies, equipment next week

All procurement activities for common-use supplies and equipment of government agencies should be made online starting next week, according to the Procurement Service of the Department of Budget and Management......»»

Category: financeSource:  philstarRelated NewsJan 9th, 2020

Gwen hikes Prov’l Board Members’ Local Assistance Fund from P5M to P10M in 2020

CEBU CITY, Philippines — Each of the 17 members of the Sangguniang Panlalawigan would already have P10 million of Local Assistance Fund (LAF), Governor Gwendolyn Garcia announced on Tuesday, December 10, 2019. This is twice the present allocation which is at P5 million for each legislator. LAF is the budget of each board member for […] The post Gwen hikes Prov’l Board Members’ Local Assistance Fund from P5M to P10M in 2020 appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsDec 11th, 2019

Defunding implants: Sotto vs. women

Senate President Vicente Sotto III, the foremost anti-women’s rights legislator, strikes again. This time, he hit women, particularly poor Filipino women, by removing the P195 million from the Department of Health’s proposed 2020 budget for the purchase of subdermal implants......»»

Category: newsSource:  thestandardRelated NewsDec 7th, 2019

Pichay assails & lsquo;neglect of education& rsquo;

A legislator from Mindanao on Tuesday said he would push for a bigger share of the national government’s budget for education and public works as he lamented the drastic cut in his province share of that budgetary item......»»

Category: newsSource:  thestandardRelated NewsDec 3rd, 2019

Senate cuts palay-buying fund by P3 billion

The Senate has cut the palay procurement fund by P3 billion in its version of the proposed P4.1-trillion national budget for next year......»»

Category: newsSource:  philstarRelated NewsDec 1st, 2019

Sotto calls for halt in implant contraceptive funding for 2020

MANILA, Philippines – Senate President Vicente Sotto III recommended on Tuesday, November 19, that procurement of progestin sub-dermal implants (PSIs) be stopped, citing research that contradicts the ruling of the Food and Drug Administration (FDA) that these non-abortifacient. During the Senate plenary hearing on the proposed budget of the Department of Health (DOH) for ........»»

Category: newsSource:  rapplerRelated NewsNov 19th, 2019

DBM backs Dagyawan as flagship project

ZAMBOANGUITA, Negros Oriental, Nov. 15 (PIA) -- The Department of Budget and Management in Region 7(DBM-7) has pledged to bring the Dagyawan or barangay project consultations to the Regional Develo.....»»

Category: newsSource:  philippinetimesRelated NewsNov 19th, 2019

DBM backs Dagyawan as flagship project

ZAMBOANGUITA, Negros Oriental, Nov. 15 (PIA) -- The Department of Budget and Management in Region 7(DBM-7) has pledged to bring the Dagyawan or barangay project consultations to the Regional Develo.....»»

Category: newsSource:  manilanewsRelated NewsNov 19th, 2019

Why Having a Budget and Sticking to It Really Does Matter

(NC) A budget is the foundation of financial well-being. And with good reason. It’s a simple but highly effective way to make sure you live within your means, and it allows you to have control over your finances. Research backs this up. The Financial Consumer Agency of Canada has found that when people start using […].....»»

Category: newsSource:  metrocebuRelated NewsNov 12th, 2019

No truth to the allegation of corruption -- Ramirez on SEA Games

Philippine Sports Commission chairman Butch Ramirez on Friday denied the allegations that the country’s preparation for the hosting of the 30th Southeast Asian Games has been tainted by corruption. “There is no truth to the allegation of corruption,” said Ramirez in a statement. “Yesterday, Cong. Alan Peter Cayetano, and myself sat down with Sen. Bong Go and Executive Secretary Salvador Medialdea to sort out issues being reported by news outfits in the past days.” Reports earlier this week surfaced that President Rodrigo Duterte is taking the embattled Philippine Southeast Asian Games Organizing Committee (Phisgoc) Foundation, Inc., a private body that aimed to organize the 30th SEA Games, out of commission and will be subjected to investigation due to alleged corruption and other irregularities. Ramirez cleared that all transactions made regarding the buildup for the biennial meet are met with ‘utmost transparency’. “We assure the athletes and the general public that all decisions and transactions will be done with utmost transparency,” he said. “The PSC, through the guidance of the Department of Budget Management and assistance of the Procurement Service shall work together to ensure that public funds are protected and that all disbursements or expenses follow existing government rules and laws.” A unity meeting to form a cohesive team for the country’s final push in the preparations of regional meet has been set. Ramirez, the chef de mission of Team Philippines, said all national sports associations that will participate in the coming Games and their athletes are invited during the gathering scheduled July 24 at the Malacanang Palace. The top brass of the Phisgoc and the PSC are also enjoined to attend the meeting to pledge their cooperation and all-out support to the entire organization of hosting the 11-nation sportsfest. “If we want to win as one, we should embrace a united front,” said Ramirez after attending the meeting with Executive Secretary Salvador Medialdea, Senator Bong Go, Taguig City Congressman Alan Peter Cayetano and Presidential Spokesperson Salvador Panelo on Thursday in Malacanang. “One team, one goal. The country should come together and be united in supporting this government effort,” added Ramirez, who led Team Philippines to its first overall title in SEA Games during the 2005 Manila hosting. Each national sports association has been tasked to bring along five athletes during the 10:00 a.m. Malacanang assembly. A total of 57 sports will be played during the Nov. 30-Dec. 11 Games to be held in three main clusters—Metro Manila, New Clark City and Subic. Ramirez has expressed high hopes that the meeting will encourage officials of the Phisgoc, POC and the PSC to move in one direction with four months to go before the biggest multi-sports event in the Asean region unfolds. Medialdea, Go and Cayetano, who also sits as chairman of Phisgoc, are expected to attend the gathering where at least 300 sports officials and athletes will be present......»»

Category: sportsSource:  abscbnRelated NewsJul 19th, 2019

Budget swings backs to surplus in May

The government generated a P2.6 billion fiscal surplus in May, a reversal of the deficit incurred last year as the growth in revenues outpaced the increase in public expenditures, according to the Bureau of the Treasury......»»

Category: financeSource:  philstarRelated NewsJun 26th, 2019

Cayetano clears issue on SEA Games uniforms

Philippine Southeast Asian Games Organizing Committee (PHISGOC) Foundation, Inc. chairman Alan Peter Cayetano cleared the issue thrown at them regarding the alleged overpriced quotations of Team Philippines’ uniforms. Talking to the media on Thursday, Cayetano explained their side on the issue, denying the allegations made by the majority of the Philippine Olympic Committee Board that Team PHI's uniforms are “unreasonably” higher than the suggested retail prices in the company’s flagship store. PHISGOC Foundation tapped Asics as the official outfitter of Team PHI.        This and the legitimacy of PHISGOC Foundation as organizer of the biennial meet are some of the issues that the committee is facing just months before the scheduled staging of the Games in November. “Noong nakipag-usap sila sa ASICS they are willing to sponsor all the uniforms for 400, wala tayong ilalabas na pera dun, lahat yun. And ang uniform Olympic quality,” Cayetano cleared. Cayetano said that Asics, in their initial talks, agreed to sponsor all the uniforms in 400 events but a bargaining with the SEA Games Federation in the number of sports and events increased the number of sports to 56 and the events at 529 events.    “So paano yung 129 events, yung uniform nun? So unfair naman sa ASICS na ‘Oh sandali lang baguhin natin ang deal. Pumayag na kayo sa 400, pumayag naman kayo sa 529 kundi no deal,’” said Cayetano. “Kung nag-no deal then we have to pay for the uniforms for the 400 events.” As a compromise, Cayetano added that Asics asked them if they want they can pay for the uniforms of the remaining 129 events.   “Napasa ‘yan sa PSC (Philippine Sports Commission) because hindi pa napasa ang budget ng PHISGOC and PSC said dadaan sa procurement nila. So lahat ito ay proposals, pero ang procurement body ang magsasabi kung pwede o hindi,” he said. Cayetano denied the allegations that the uniforms are ‘overpriced’. The POC Board alleged that the PHISGOC Foundation request to PSC shows that a set of competition uniforms costs P51,5111 while the company’s quotation for the same item during the 18th Asian Games last year was only P25,000. “Ang problema instead of bringing it up with the board and mag-usap, naghanap ng outlet, kinompare yung presyo. Eh iba naman siguro po ang nasa outlet, sa retail and yung sa Olympic number,” said Cayetano. “But as I said we can discuss it.” “Imagine yung 129 is 1/5, yung 400 libre so para wala na lang issue, sabihin na lang natin sa Asics iba na lang, we’ll pay for all 529? Yung mga nagko-comment ng ayaw nun, saan kukunin ang pera? They’re not willing to sponsor it. They want us to use government money for it,” added Cayetano. The PHISGOC Foundation head said that they can raise these issues at a proper venue or through an audience with them, not through press releases and separate interviews. “They should also understand that they can criticize but we also have to deliver,” he said. “If they’re criticisms are valid then we have to reform.”   --- Follow this writer on Twitter, @fromtheriles.....»»

Category: sportsSource:  abscbnRelated NewsJun 20th, 2019

DOT adds gold necklaces for loyal workers

The Department of Tourism (DOT) has increased its alloted budget for the procurement of memorabilia for 149 loyal employees from P1.2 million to P4.4 million......»»

Category: newsSource:  philstarRelated NewsJun 5th, 2019

Gov t on ASEAN hosting bid: We rule, our rule

MANILA, Philippines — The Department of Budget and Management denied violating procurement rules when it bidded out the P2.8-billion contract for the hosting.....»»

Category: newsSource:  philstarRelated NewsJan 10th, 2017

IMF backs Duterte’s plans to widen Philippine budget deficit

The International Monetary Fund said it supported plans by President Rodrigo Duterte’s administration to boost spending and widen the budget deficit as it forecast faster economic growth in the Southeast Asian economy......»»

Category: newsSource:  mb.com.phRelated NewsSep 27th, 2016

House backs bigger budget for judiciary

MANILA, Philippines - Members of the House of Representatives have expressed their support for a bigger budget for the judiciary, saying insufficient funding.....»»

Category: newsSource:  philstarRelated NewsSep 12th, 2016